I'm cash heavy. I just (painfully) moved about half my equities into more Vanguard GNMA fund. (It's not volitile, is gov't backed and pays 5.5%). I'm now about 13% equity, 6% Vanguard PM (OUCH), 10% Swiss franc, 30% cash/equivalents, 40% bonds (mostly GNMA, NY tax free, some short Treasury - sold long bonds and high yield corporate bonds today).I should have stuck to the plan and not even entered back into the market until October, but got bored around March (idle hands are the devil's workshop - now trying to sit on hands as much as possible).I figure that we have not seen the bottom of the stock market (and despite anopther drop that I have scheduled for OCtober, won't see the bottom until next March/April time frame.I intend to accumulate bargains as I see them in specific divdend aristocrat equities, rather tthn invest in the averages.If I can pick up stacks paying 5-6% yields at the bottom, I should be able to ride them up for quite a few years until we have to rinse and repeat again.Of course theirs always the chance that the FEDD will screw up to plan :-)Of course I could be wrong <G>Jeff
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra